Foreclosures — No Worries, No Vision The lending community will plainly tell you that foreclosures are on the rise — in part because of rising interest levels — but don’t worry. According to the party line, there’s no need for alarm because the overwhelming majority of owners will not be foreclosed. The alleged logic here …
Category Archives: General
Lady Lake demands payment
Lady Lake demands payment Property owners could face foreclosure over 1989 paving bills The town wants property owners to pay for improvements from 1989. Owners of about 46 homes in town, many in the poorer Skyline Hills neighborhood, will receive bills up to $7,000 and have 30 days to make a payment or face foreclosure.
Powerball winner losing home in auction
Powerball winner losing home in auction It’s a rags-to-riches-to-rags tale, north county style. David Lee Edwards, a laid-off laborer in 2001 when he won $42 million from a $295 million Powerball drawing in Kentucky and moved to Palm Beach Gardens, appears to have the kind of financial problems that he never should have faced again. …
Reconversion: Apartments for rent [South Florida]
Reconversion: Apartments for rent For anyone not convinced that the housing market has lost some pep, now there’s this: A growing number of the “condo conversions” that eroded South Florida’s supply of rental housing during the past two years are reopening their doors to renters.
Oceanfront Golden Beach home changes hands [South Florida]
Oceanfront Golden Beach home changes hands [South Florida] Hot Property: South Florida spotlights selected luxury home sales in Miami-Dade, Broward and Palm Beach counties. An oceanfront home in Golden Beach that was listed for $7.9 million has been sold for $3.5 million officially, as shown in public records. However, the MLS says that the five-bedroom, …
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A Real Estate Boom That Keeps on Giving [New York]
A Real Estate Boom That Keeps on Giving [New York] Investors in commercial real estate have profited handsomely in the last two years or so as a stable economy, job growth and keen interest from pension funds and other institutions drive demand for properties or companies that hold them. In fact, investors who put their …
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